---
schema_version: "secwatch.filing_event.v1"
accession: "0001802749-22-000086"
form_type: "8-K"
ticker: null
cik: "0001802749"
company_name: "Lightning eMotors, Inc."
filed_at: "2022-12-16T23:59:59+00:00"
generated_at: "2026-06-21T03:30:20.037589+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Lightning eMotors gets NYSE notice for average price below $1.00; considers reverse split

## Summary
- NYSE notice dated Dec. 14, 2022, citing average closing price <$1.00 over 30 trading days ended Dec. 9, 2022.
- Company has six months to cure; can regain compliance if stock closes at or above $1.00 on last trading day of any month.
- Options include a reverse stock split, subject to stockholder approval at next annual meeting if needed.
- Listing not immediately affected; business operations and SEC reporting requirements unchanged.

## SEC filing metadata
- accession: 0001802749-22-000086
- form_type: 8-K
- cik: 0001802749
- company_name: Lightning eMotors, Inc.
- filed_at: 2022-12-16T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1802749/000180274922000086/0001802749-22-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1802749/000180274922000086/zev-20221214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001802749-22-000086
- JSON: https://secwatch.observer/filing/0001802749-22-000086.json
- Plain text: https://secwatch.observer/filing/0001802749-22-000086.txt

## Key facts
- Listing & Compliance Notices
  Lightning eMotors, Inc. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).
  - Exchange: nyse
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 802.01C
  source text: December 14, 2022, Lightning eMotors, Inc., or the Company, received a written notice from the New York Stock Exchange, or the NYSE, that it was not in compliance with the continued listing standard set forth in Section 802.01C of the NYSE’s Listed Company Manual, as the average closing price of the Company’s common stock was less than $1.00 per share over a consecutive 30 trading-day period ended December 9, 2022. The notice has no immediate impact on the listing of the Company’s common stock on the NYSE, subject to the Company’s compliance with the NYSE’s other continued listing requirements
  evidence_url: https://www.sec.gov/Archives/edgar/data/1802749/000180274922000086/0001802749-22-000086-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.